Governance has spoken: $AAVE emission will be further reduced by 25% starting tomorrow. Buybacks will remain unchanged. The protocol will be even more token-flow positive. Aave DAO has acquired 66,512 AAVE at an avg price of $220. The current uPNL is 37.49%. Just Use Aave.

As Aave DAO revenue climbs faster than protocol expenses, the treasury has increased by 20% in cash reserves since the start of buybacks. Making it long-term sustainable and opening the possibility for Anti-GHO proposals as planned in the Aavenomics.